The bid went up from .0001 with 3 bil shares on the bid to .0002 with about 400mil on the bid. This double in price was after a steady drumbeat of BILLIONS of shares dumped on the market. Imagine that. So much for the people who have declared that the stock will go to no bid any day now.
Also imagine reducing debt from well over $50mil to $1.3mil in a matter of 2 years through those sales at the bid (and ask too). The cost of debt in the current market is very high. By reducing - eventually eliminating debt in favor of equity financing (common stock), the value of the company increases while admittedly, the percentage of ownership for early investors has dropped considerably.
It is absurd to make a big deal about $20k sold at the bid (I think it was more like was more like $25k for the day).
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